AI Eye Podcast 538 - Royal Philips Partnering With Orbita For Next Gen Virtual Assistants, Veritone Wins 2021 AI Excellence Award
#AIEye #Podcast 538: #Stocks discussed: (NYSE:$PHG) (NasdaqGS: $VERI)
Royal Philips Partnering with Orbita for Next Gen Virtual Assistants, and Veritone Wins 2021 #AI Excellence Award
Global #AI in #Fintech Market to Reach $26.67B by 2026
Point Roberts WA, Vancouver BC – March 29, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence(AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence
Listen to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2021/032921-AI-Eye.mp3
Read this in full at AI Eye Podcast 538: Stocks discussed: (NYSE: $PHG) (NasdaqGS: $VERI)
Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence
Stocks discussed: (NYSE:PHG) (NasdaqGS:VERI)
Royal Philips (NYSE:PHG) is partnering with conversational AI solutions for healthcare provider Orbita, Inc., to “co-create next-generation conversational virtual assistants for Philips’ consumer health and patient support applications.” Henk van Houten, CTO and Head of Philips Research, explained:
“With the acceleration in the adoption of telehealth during the COVID-19 pandemic, AI-enabled voice services, virtual assistants and chatbots are already playing an enabling role in driving 24/7 access to healthcare, enhancing patient engagement, and improving clinical efficiency. Orbita is a not only a leader and innovator in voice and chat-powered virtual assistants that deliver the human touch needed in healthcare, but also a company that can keep up with the rapid pace of telehealth innovation that Philips is determined to pursue.”
Veritone, Inc. (NasdaqGS:VERI) has been named the winner in the 2021 Artificial Intelligence Excellence Awards by Business Intelligence Group for its patented suite of real-time AI-powered Veritone Energy Solutions. The suite was launched in the fall of 2020, and according to the press release, optimizes “smart grid energy distribution by continuously knowing how much of what type of energy to deliver where, providing grid resilience and autonomous microgrid management when portions of the grid fail, and optimal economic dispatch during normal operations.” Chad Steelberg, CEO and founder of Veritone, said:
"We are honored to be recognized as a top AI company for our suite of AI-powered energy solutions. As the world transitions to more renewable energy resources, the unpredictability of these green energy sources poses a challenge to supply and demand. AI enables grid operators and developers to better forecast, dispatch and store energy in real-time enabling a smooth transition to renewables."
Global AI in Fintech Market to Reach $26.67B by 2026
Research from ReportLinker finds that the global AI in Fintech market is expected to grow from $7.91 billion in 2020 to $26.67 billion by 2026 with a compound annual growth rate (OTC:CAGR) of 23.17 percent in the forecast period 2021-2026. An excerpt from the report’s summary outlines some of the growing application of AI in the market:
Fintech has been undergoing a continued evolution in the landscape of investment management. Advanced technology and solution adoption, including the use of big data, AI, and machine learning (ML) to help businesses evaluate investment opportunities, optimize their investment portfolios, and mitigate the associated risks have been clinical in the technology adoption.
The investment advisory services, for instance, are undergoing radical changes with the growth and evolution of automated wealth advisers. These advisers can assist the investors without the intervention of a human adviser, and can also be used in combination with a human adviser. It extends the ability to provide tailored, actionable advice to its investors with ease of access, at a partially lower cost.
Sam Mowers, Investorideas.com
Read and hear other editions of the AI Eye
For a list of artificial intelligence stocks on Investorideas.com visit here
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and others.
About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles,podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns :Crypto Corner ,Play by Play sports and stock news column,Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change ,Exploring Mining theAI Eye .
The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) , Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: InvestorIdeas - Disclaimer, full disclosure, compensation disclosure Learn more about publishing your news release and our other news services on the Investorideas.com newswire Investorideas.com Stock News, Newswire, press release, social media and ticker tag articles services for TSX stocks, CSE.com stocks, NYSE stocks, NASDAQ stocks, OTC stocks and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: InvestorIdeas.com - Privacy Policy
The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Follow us on TwitterJavaScript is not available.
Follow us on FacebookLog into Facebook
Follow us on YouTubeInvestorIdeas.com - news that inspires big ideas
Download ourMobile App for iPhone and Android
Join our Investor ClubJoin Investorideas.com and get investing podcasts and ideas for cannabis, cleantech and climate change, artificial intelligence, crypto and blockchain, vegan, mining, and esports stocks
Contact Investorideas.com
800 665 0411
Get more Technology stock investor ideas - news, articles, podcasts and stock directories
Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.